Eu-27: meat substitutes revenue growth 2020-2029

The revenue change in the 'Meat Substitutes' segment of the food market in the European Union was forecast to decrease between 2024 and 2029 by in total 1.9 percentage points. This overall decrease does not happen continuously, notably not in 2029. The revenue change is estimated to amount to 9.39 percent in 2029.

Find more key insights for the revenue change in countries and regions like the price per unit in the 'Cheese' segment of the food market in Hong Kong and the revenue in the 'Baby Food' segment of the food market in the United States.

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Revenue growth of the meat substitutes market in the European Union (EU-27) from 2020 to 2029

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Meat Substitutes market covers all types of meat-like products that approximate certain aesthetic qualities (primarily texture, flavor, and appearance) or chemical characteristics of a specific meat. The Meat Substitutes market includes plant-based meat and vegetarian meat. Plant-based meat includes meat made from plants, such as soybeans (and other legumes), wheat gluten, lentils, tofu, yuba, tempeh, and a variety of nuts. Vegetarian meat contains non-vegan ingredients, such as egg and dairy. Examples of meat substitutes included in this segment are plant-based and vegetarian meat in the form of nuggets, minced meat, burger patties, sausages, and the like.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.

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